Q1 2026 · 13F-HR
North Ground Capitalholdings as filed
Filed 2026-05-11 · accession 0001420506-26-000890
$83.0M
Reported value
40
Positions
2026-03-31
Period end
The Brief · North Ground Capital · Q1 2026
AI · grounded in 13F
North Ground Capital closed its position in MidCap Financial Investment Co MFIC, reducing exposure by $7.45M. The fund established a new position in Gladstone Cap Corp GLAD worth $2.48M and added Blackstone Secd Lending Fd BXSL with a $640,601 investment. Additionally, the fund increased its holdings in FS Credit Opportunities Corp FSCO by 1,820.68%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 10949T109 | BRSP | BRIGHTSPIRE CAPITAL INC | $9.0M | 10.8% | 1,600,000 | Common | SOLE |
| 78163D100 | RWAY | RUNWAY GROWTH FINANCE CORP | $6.6M | 7.96% | 961,326 | Common | SOLE |
| 38173M102 | GBDC | GOLUB CAP BDC INC | $6.1M | 7.30% | 478,894 | Common | SOLE |
| 55374X208 | MSIF | MSC INCOME FUND INC | $5.5M | 6.59% | 448,919 | Common | SOLE |
| 04013V108 | ACRE | ARES COML REAL ESTATE CORP | $5.4M | 6.48% | 1,120,000 | Common | SOLE |
| 872280102 | CGBD | CARLYLE SECURED LENDING INC | $4.2M | 5.11% | 387,518 | Common | SOLE |
| 05684B107 | BCSF | BAIN CAP SPECIALTY FIN INC | $4.1M | 4.99% | 333,982 | Common | SOLE |
| 225655109 | CCAP | CRESCENT CAP BDC INC | $4.1M | 4.96% | 338,907 | Common | SOLE |
| 601137102 | MRP | MILLROSE PPTYS INC | $3.6M | 4.38% | 130,000 | Common | SOLE |
| 670656107 | NRK | NUVEEN NY AMT FREE | $3.6M | 4.36% | 354,414 | Common | SOLE |
| 644323107 | FSSL | FS SPECIALTY LENDING FD | $3.1M | 3.77% | 250,000 | Common | SOLE |
| 09259E108 | TCPC | BLACKROCK TCP CAPITAL CORP | $3.1M | 3.70% | 850,000 | Common | SOLE |
| 18914E106 | GLO | CLOUGH GLOBAL OPPORTUNITIES | $2.9M | 3.55% | 529,521 | Common | SOLE |
| 30290Y101 | FSCO | FS CREDIT OPPORTUNITIES CORP | $2.7M | 3.23% | 525,000 | Common | SOLE |
| 376535878 | GLAD | GLADSTONE CAP CORP | $2.5M | 2.99% | 142,896 | Common | SOLE |
| 095924106 | OTF | BLUE OWL TECHNOLOGY FIN CORP | $2.3M | 2.82% | 188,674 | Common | SOLE |
| 592835102 | MXF | MEXICO FD INC | $1.5M | 1.80% | 71,369 | Common | SOLE |
| 67071L106 | NVG | NUVEEN AMT FREE MUN CR INC F | $1.4M | 1.68% | 113,390 | Common | SOLE |
| 09262F100 | ECAT | BLACKROCK ESG CAP ALLC TERM | $1.4M | 1.64% | 100,000 | Common | SOLE |
| 46133G107 | IQI | INVESCO QUALITY MUN INCOME T | $1.3M | 1.51% | 130,401 | Common | SOLE |
| 03464Y108 | AOMR | ANGEL OAK MORTGAGE REIT INC | $1.1M | 1.35% | 136,424 | Common | SOLE |
| 670972108 | XNQPX | NUVEEN PA INVT QUALITY MUN F | $1.0M | 1.22% | 85,044 | Common | SOLE |
| 67069Y102 | XNXJX | NUVEEN NEW JERSEY | $770,460 | 0.93% | 62,639 | Common | SOLE |
| 09261X102 | BXSL | BLACKSTONE SECD LENDING FD | $640,601 | 0.77% | 27,041 | Common | SOLE |
| 78518H202 | BRW | SABA CAPITAL INCOME & OPRNT | $636,472 | 0.77% | 94,432 | Common | SOLE |
| 46132K109 | VPV | INVESCO PA VALUE MUN INC TR | $526,122 | 0.63% | 49,775 | Common | SOLE |
| 17259U204 | CION | CION INVT CORP | $513,000 | 0.62% | 75,000 | Common | SOLE |
| 003057106 | ACP | ABRDN INCOME CREDIT STRATEGI | $510,000 | 0.61% | 100,000 | Common | SOLE |
| 25065A502 | DMA | DESTRA MULTI-ALTERNATIVE FD | $446,528 | 0.54% | 55,059 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $319,981 | 0.39% | 17,757 | Common | SOLE |
| 870875101 | SWZ | TOTAL RETURN SECURITIES FUND | $282,215 | 0.34% | 47,591 | Common | SOLE |
| 18913Y103 | GLV | CLOUGH GLOBAL DIVID & INCOME | $280,365 | 0.34% | 47,359 | Common | SOLE |
| 18914C100 | XGLQX | CLOUGH GLOBAL EQUITY FD | $267,722 | 0.32% | 35,554 | Common | SOLE |
| 03762U105 | ARI | APOLLO COML REAL ESTATE FIN | $264,000 | 0.32% | 25,000 | Common | SOLE |
| 302635206 | FSK | FS KKR CAP CORP | $254,500 | 0.31% | 25,000 | Common | SOLE |
| 691543847 | OXLC | OXFORD LANE CAP CORP | $244,500 | 0.29% | 25,000 | Common | SOLE |
| 647551100 | NMFC | NEW MTN FIN CORP | $194,000 | 0.23% | 25,000 | Common | SOLE |
| 31423P108 | FMN | FEDERATED HERMES PREM MUNI I | $186,007 | 0.22% | 17,018 | Common | SOLE |
| 43010E404 | HFRO | HIGHLAND OPPS & INCOME FD | $126,083 | 0.15% | 22,081 | Common | SOLE |
| 46090R104 | ICMB | INVESTCORP CR MGMT BDC INC | $41,125 | 0.05% | 25,386 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.